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president obama ab house speaker boehner behind closed doors meeting on the fiscal cliff earlier and also tonight on the fox report. >> a dramatic hostage situation, a botched robbery at a fast food restaurant, escalating into a standoff. >> and we tried for several hours for this to end. >> and it didn't. the race against time, to save lives. and london calling, police there contacting their australia counterparts into a possible investigation into the royal pregnancy hoax, a prank call from two dj's now apparently tied to the death of a nurse who fell victim to their tricks. >> and indicated, they may wish to speak to the people involved in the matter. >> is it trouble for their radio station, just reach a whole new level? let's begin again. new details about just how intricate and dangerous the operation was to rescue an american doctor. snatched by the taliban, it was breaking news last night on fox report. we're learning much more, the white house saying a short time ago, a u.s. service member, a navy seal was killed in that mission. president obama issuing this statement, tragi
president obama ab house speaker boehner behind closed doors meeting on the fiscal cliff earlier and also tonight on the fox report. >> a dramatic hostage situation, a botched robbery at a fast food restaurant, escalating into a standoff. >> and we tried for several hours for this to end. >> and it didn't. the race against time, to save lives. and london calling, police there contacting their australia counterparts into a possible investigation into the royal pregnancy hoax, a...
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Dec 9, 2012
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. >> you know, judge we may go over the fiscal cliff. i think we are going to end up coming to some sort of terms and kicking the can down the road. i think it's going to the same old same old. i have actually heard from a lot of my bundlers that they think they are in the oil industry that they think we should actually fall. this is going to be one way to go ahead and actually wake up everybody and get things straight. >> who gets blamed. the republicans get blamed and that's the issue much the president knows who wins either way. if the president gets a deal he will get credit. if we gopher 00 fiscal cliff the republicans who are in complete disarray will be blamed. both parties in their own way are putting the country at risk, the risk of a recession because of politics. >> all right. and pat, the republicans will get more blame. we know that already. but ultimately the president of the economy goes may pay the price as he did last august. the problem i have is with what doug said the republicans are in such a disarray. make a case ot
. >> you know, judge we may go over the fiscal cliff. i think we are going to end up coming to some sort of terms and kicking the can down the road. i think it's going to the same old same old. i have actually heard from a lot of my bundlers that they think they are in the oil industry that they think we should actually fall. this is going to be one way to go ahead and actually wake up everybody and get things straight. >> who gets blamed. the republicans get blamed and that's the...
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but back to the issue of the fiscal cliff, are you being cued in and clued in on what is happening? some republicans have complained that there are negotiations and bargains behind closed doors, that they are getting their information about what is being hammered out, essentially from news report, media reports. do you feel like you are getting enough information? >> i feel like i am being updated regularly. if the question is how i feel about the substance, where they are going, i am not encouraged, especially after the president rejected outright an initial offer by the speaker earlier this week. it didn't happen in a way that gave me confidence that the president is really interested in negotiating. he it gave me the sense that he is not only willing to allow us to go off the cliff burks perhaps he wants to push us off. >> of course, the white house continues to say, that's not what it wants, at least, publicly, but your colleague, senator lindy graham said as much a few days back, he thinks they have made a political calculation that there is a very real possibility that that is
but back to the issue of the fiscal cliff, are you being cued in and clued in on what is happening? some republicans have complained that there are negotiations and bargains behind closed doors, that they are getting their information about what is being hammered out, essentially from news report, media reports. do you feel like you are getting enough information? >> i feel like i am being updated regularly. if the question is how i feel about the substance, where they are going, i am not...
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over the fiscal cliff? >> absolutely. there's no process in agreement that doesn't involve those rates going up on the top 2 percent of the wealthiest members. only 2 percent. all of those americans, too, get a tax cut. the obama administration is happening what happens for the aying american families. we have congressman randy forbes. >> let me ask you something. do you feel like a president actually wants this to happen so that it gives him some political ad vantage? >> i have to judge that by two things. first of all what i am hearing from my colleagues on the democratic leadership side they said they wanted to go over the fiscal cliff because we have argued all along they will start by simply taxing everybody over 250,000. they told me they wouldn vote fr anything that would tax everybody over 150,000. you take the president's actions. the president doesn't want to get an agreement or compromise he wants to get his way. he won't come to the table with any serious proposal because we can get a solution e
over the fiscal cliff? >> absolutely. there's no process in agreement that doesn't involve those rates going up on the top 2 percent of the wealthiest members. only 2 percent. all of those americans, too, get a tax cut. the obama administration is happening what happens for the aying american families. we have congressman randy forbes. >> let me ask you something. do you feel like a president actually wants this to happen so that it gives him some political ad vantage? >> i...
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coming up, the looming fiscal cliff. you know, it's part of our nation's financial problem. but what about the spenning? how do we get a handle on the growing $16 trillion deficit? coming up next, tim murphy of pennsylvania will be here to tell us what else the nation needs to do to get our economic house in order. have you heard about that tragic situation, josh brent, cowboys defensive lineman? he faces charges after a car crash that killed one of his teammates? that's straight ahead. >> it's really unfortunate that that happened, making an everyday decision that can affect everything everybody's life. >> i am sure it will be difficult to move on. but i am sure they will bounce back and be able to come around. s my husband and i can't stop eating 'em! what's...that... on your head? can curlers! tomato basil, potato with bacon... we've got a lot of empty cans. [ male announcer ] progresso. you gotta taste this soup. >> jamie: another sad story out of the,r of the nfl. a member of the dallas cowboys is facing manslaughter. josh brent was allegedly drunk and speeding during a
coming up, the looming fiscal cliff. you know, it's part of our nation's financial problem. but what about the spenning? how do we get a handle on the growing $16 trillion deficit? coming up next, tim murphy of pennsylvania will be here to tell us what else the nation needs to do to get our economic house in order. have you heard about that tragic situation, josh brent, cowboys defensive lineman? he faces charges after a car crash that killed one of his teammates? that's straight ahead....
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the edge of the fiscal cliff looming larger as the clock ticks toward the deadline on january 1st. negotiators are trying to hammer out a deal over tax hikes and spending cuts searching for common ground. amid all the back and forth there are signing of a compromise. steve centanni is live in washington. are the two sides any closer together? >> reporter: there are two important signs today. speaker, house speaker john boehner met with president obama at the white house today. we don't know how long they met or exactly what they talked about, but the white house says lines of communication are open and face-to-face meeting is on important. at the same time republicans say they will accept the demands for higher taxes on the wealthy if it goes along with spending cuts entitlements like medicare and social security. listen.... >> a lot of people are putting forth a theory. i think it has merit where you give the president 2% increase he is talking about on the top 2 percent. i am beginning to believe that is the best route for us to take. >> reporter: many other republicans, of cours
the edge of the fiscal cliff looming larger as the clock ticks toward the deadline on january 1st. negotiators are trying to hammer out a deal over tax hikes and spending cuts searching for common ground. amid all the back and forth there are signing of a compromise. steve centanni is live in washington. are the two sides any closer together? >> reporter: there are two important signs today. speaker, house speaker john boehner met with president obama at the white house today. we don't...
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has nothing to do with the fiscal cliff. why you might pay a lot more for medical supplies, things like rubber gloves, the stuff you see in hospitals all the time. bill: unbelievable. this little girl missing her soldier dad gets her christmas wish. these never get old. merry christmas. ♪ i love the holidays. and with my bankamericard cash rewards credit card, i love 'em even more. i earn 1% cash back everywhere, evertime. 2% on groceries. 3% on gas. automatically. no hoops to jump through. that's 1% back on... [ toy robot sounds ] 2% on pumpn pie. and apple. 3% back on 4 trips to the airport. it's as easy as.. -[ man ] 1... -[ woman ] 2... [ woman ] 3. [ male announcer ] the bankamericard cash rewards card. apply online or at a bank of america near you. martha: christmas is coming early for one little girl. this 5-year-old, her name is briel oaks. she got do meet santa at a county fair in wisconsin on thursday. she had just one thing on her list. >> so what would you like for christmas? >> my daddy to come home. >> where
has nothing to do with the fiscal cliff. why you might pay a lot more for medical supplies, things like rubber gloves, the stuff you see in hospitals all the time. bill: unbelievable. this little girl missing her soldier dad gets her christmas wish. these never get old. merry christmas. ♪ i love the holidays. and with my bankamericard cash rewards credit card, i love 'em even more. i earn 1% cash back everywhere, evertime. 2% on groceries. 3% on gas. automatically. no hoops to jump through....
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Dec 6, 2012
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this fiscal cliff is the result of the last fiscal cliff. >> bill: that put a date on there. >> yeah. >> bill: may extend the date that's what i think is going to happen. >> my hope is is that we can avoid the bad stuff. then we have to deal with the 16 trillion-dollar debt that $1 trillion a year in deficit spending. we have to solve that. that thing is not going to solve itself. >> bill: doesn't feel like the president feels the urgency that you feel. you are one of the leaders of the republican party whether you want to be or not. there you are. so you find yourself now trying to get the republican party reorganized and back into the populist column. ain't going to be easy for you, senator. because you have got to be the senator from florida and at the same time try to resurrect this party. >> well, it's -- but i think the people of florida have the same ax sights as the people of our country. i'm informed by my own background and my own experience in life my parents worked in the service industry. and, yet, they were able to afford to buy a house they never gave us everything we w
this fiscal cliff is the result of the last fiscal cliff. >> bill: that put a date on there. >> yeah. >> bill: may extend the date that's what i think is going to happen. >> my hope is is that we can avoid the bad stuff. then we have to deal with the 16 trillion-dollar debt that $1 trillion a year in deficit spending. we have to solve that. that thing is not going to solve itself. >> bill: doesn't feel like the president feels the urgency that you feel. you are one...
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and forget the fiscal cliff. deal or no deal. a new wave of taxes are the set to kick in next month, because of obamacare, will it be on the edge? , we'll break it down. >> mike: good morning, i'm mike in for dave. like the federal government do you have the urge to splurge? why impulse buying may be costing you and your family an extra $200 per month. >> plus, the twinky, may be here to stay after all. how one man is trying to save hostess from the brink of extension. "fox & friends" hour three starts right now. >> ♪ >> good morning, everyone, thanks so much. mike jerrick is here. >> mike: hello, can i say quickly? tomorrow is my brother, tom jerrick's birthday in maryland, and he's always at church every sunday morning, say hi to tom jerrick. >> clayton: so he was the disciplined one of the family. >> alisyn: we're getting this, you were the black sheep. >> mike: what are you trying to say? we have six kids. >> clayton: i'm saying that he's the colonel and you're not. >> mike: i'm just corny. mike jerrick is here everyone, gr
and forget the fiscal cliff. deal or no deal. a new wave of taxes are the set to kick in next month, because of obamacare, will it be on the edge? , we'll break it down. >> mike: good morning, i'm mike in for dave. like the federal government do you have the urge to splurge? why impulse buying may be costing you and your family an extra $200 per month. >> plus, the twinky, may be here to stay after all. how one man is trying to save hostess from the brink of extension. "fox...
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cliff plan. they battled between governor snyder and the governor. he will be the 24th right to work stated. kelly wright is following this for us. good morning, kelly. >>> when he speaks in michigan president obama will find himself steping into the middle of a debate heading into the union. it will make michigan a right to work state. >> there you have it. hundreds of union workers responding to michigan's republican controlled legislature's push to make michigan the 24th right to work state. the vote takes place tuesday. governor snyder is now backing the plan. >> this is solely focused on their relationship. shouldn't the the opportunity to say they want to be long or not. second piece is this will be good for economic development for more p and better jobs coming to michigan. >> the union workers agree with the governor they argue michigan was built on unions. they claim the gop majority state legislature is making an attack on the middle class. >> on tuesday it's important because they are
cliff plan. they battled between governor snyder and the governor. he will be the 24th right to work stated. kelly wright is following this for us. good morning, kelly. >>> when he speaks in michigan president obama will find himself steping into the middle of a debate heading into the union. it will make michigan a right to work state. >> there you have it. hundreds of union workers responding to michigan's republican controlled legislature's push to make michigan the 24th right...
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now, i'm tired of hearing about the fiscal cliff. i think it's a cliche. and i submit to you mcguirk, that most americans have no idea what this story is about. >> i think a couple of things. but i think this is a conspiracy to kill right wing talk radio because this will make your ears bleed listening to these guys argue about it and be angry over it. but i would also say to the republics, obama won. it's like all this whining about that. i mean, they are like the japanese soldiers in the pacific after world war ii still fighting the battle way into the 1950s. he won. it's over and the fiscal cliff is either -- the taxes are going to go up on these rich people one way are 00 other. >> bill: they are going to go up on everybody. as howard dean said at the top of the program. the rich people are going to pay much more which is a good reason not to buy gutfeld's book because if you do he is going to have to pay more in taxes next year because that's when the royalties will come into him. everybody is going to have to pay more taxes because we're in such dire
now, i'm tired of hearing about the fiscal cliff. i think it's a cliche. and i submit to you mcguirk, that most americans have no idea what this story is about. >> i think a couple of things. but i think this is a conspiracy to kill right wing talk radio because this will make your ears bleed listening to these guys argue about it and be angry over it. but i would also say to the republics, obama won. it's like all this whining about that. i mean, they are like the japanese soldiers in...
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then you got another kind of fiscal cliff looming. do you believe that behind closed doors yesterday that the president actually seriously talked about spending cuts? >> i think he is serious about that. i think everyone knows they have to have spending cuts to go along with whatever is going to a. we should make the kind of deal and the kind of comprehensive deal that is going to get our credit rating back. we're not rated credit wise. they're talk being lowering it again. we should make a deal that will almost immediately get back our credit rating that. should almost be the standard. they know what that standard is down to the penny. that's the kind of a deal we should make. we should get our great credit rating back again. >> brian: just real quick, 'cause tonight talk about what china is don't, but rich lowry says the president wants gop humiliation and that's what's haul behind the 35 to 39% for the upper tax rate. do you see that? >> i'm not sure if it's for that purpose and maybe he believe it is and did he win an election, so
then you got another kind of fiscal cliff looming. do you believe that behind closed doors yesterday that the president actually seriously talked about spending cuts? >> i think he is serious about that. i think everyone knows they have to have spending cuts to go along with whatever is going to a. we should make the kind of deal and the kind of comprehensive deal that is going to get our credit rating back. we're not rated credit wise. they're talk being lowering it again. we should make...
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Dec 13, 2012
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i think, now, the fiscal cliff saanich u, no question about it. we are going to get fiscal tightening one way or the other. what we're assuming is this is such a lose-lose proposition for both sides. if they actually let this thing, not gust get through december 31st and do nothing about it. think about it. can president obama get anything done until he gets something, no? >> all the cuts that happened as a result of the fiscal cliff, all over the place. let's cut hundreds of billions in defense. it doesn't indicate what missions are going to be no longer what, programs we're going to kim. i mean, we really have to be stupid to be doing that. >> so irresponsible. >> not knowing where the cuts are hitting. >> right. >> for the security of this country. >> i agree. >> so, therefore, you're going to get some agreement. maybe it's january 5th, maybe it's december 30th, january 10th, but it will probably be a band-aid agreement. that's the problem. this isn't going to be one of these long-term deficit reduction, credible agreements that does tax reform
i think, now, the fiscal cliff saanich u, no question about it. we are going to get fiscal tightening one way or the other. what we're assuming is this is such a lose-lose proposition for both sides. if they actually let this thing, not gust get through december 31st and do nothing about it. think about it. can president obama get anything done until he gets something, no? >> all the cuts that happened as a result of the fiscal cliff, all over the place. let's cut hundreds of billions in...
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christine lagarde said lawmakers need to address the country's debt, the deficit, and the fiscal cliff and quickly to avoid the uncertainty from affecting the global economy. she suggested a balanced approach, increasing revenue, while also cutting spending. >>> a new survey shows pay for private college prnts continues to climb. they studied data from 2010. it shows medial compensation rose to about $400,000, up nearly 3%. >>> and james bond's fought his way back to the top of the box office. "skyfall" made $11 million. "rise of the guardian" finished a close second with $10.5 million, and in third place, "twilight saga:breaking dawn" part twoer and $9.2 million. i've got to go see that animated christmas film. >> you and jack, that would be a good thing to do. >> "skyfall" kind of going nowhere and then jump back on top, that's kind of a strange move. >> that's james bond. that's no surprise. >> ashley morrison in new york. thanks, ashley. >>> hundreds said their "i dos" sunday. about 150 same-sex couples exchanged vows at seattle city hall. officiating judges who donated their time
christine lagarde said lawmakers need to address the country's debt, the deficit, and the fiscal cliff and quickly to avoid the uncertainty from affecting the global economy. she suggested a balanced approach, increasing revenue, while also cutting spending. >>> a new survey shows pay for private college prnts continues to climb. they studied data from 2010. it shows medial compensation rose to about $400,000, up nearly 3%. >>> and james bond's fought his way back to the top...
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there's a possible movement tonight in the fiscal cliff stand off. we'll have the lathe coming up. >>> take a look at that fog. light mist and drizzle here on the weather terrace. i'll tell you how long that will stick around. you'll want to keep the umbrella handy. details coming up in your seven- day forecast. >>> possible signs of movement today in the fiscal cliff debate. they met privately at the white house this afternoon. their first meeting since mid- november. and also today, talk of a compromise on a political talk show. he and other republican senators, they would consider raising the top tax rates for the wealthiest americans they believe that a compromise would be reached. >> i think we will get a deal. i think everyone realizes how important it is. our economy is moving up some. not fast enough, but just some. to be going over that cliff is just terrible. i think we will get an agreement. >> there is a growing group of folks looking at this, realizing we don't have a lot of cards as it relates to the tax issue. we have one house, that's
there's a possible movement tonight in the fiscal cliff stand off. we'll have the lathe coming up. >>> take a look at that fog. light mist and drizzle here on the weather terrace. i'll tell you how long that will stick around. you'll want to keep the umbrella handy. details coming up in your seven- day forecast. >>> possible signs of movement today in the fiscal cliff debate. they met privately at the white house this afternoon. their first meeting since mid- november. and...
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we do think there will be a fiscal cliff deal before year end. i think that could take the s&p to 1500 by year end or early january. but for what the market does from 1500 over the course of next year, i think really depends on the details of the fiscal cliff deal. we're looking to see just how much fiscal drag there will be in 2013 overall from both spending cuts and tax hikes. and also we want to see just the amount of tax hikes. i hope that those tax hikes are not greater than 1% of gdp. >> how much fed stimulus does the market need to hit some of the targets that you're thinking about it might be able to do? >> the 1500 that is our 12-month target would take the fiscal stimulus, take the monetary stimulus that basically folks are talking about, just a fed balance sheet getting above $3 trillion. i don't think necessarily 4 trillion. i think the key to get the s&p well above 1500 is looking at the fiscal policy, the tax hikes in particular, and probably the best litmus test is the dividend tax rate. expectations for the dividend tax rate, a lo
we do think there will be a fiscal cliff deal before year end. i think that could take the s&p to 1500 by year end or early january. but for what the market does from 1500 over the course of next year, i think really depends on the details of the fiscal cliff deal. we're looking to see just how much fiscal drag there will be in 2013 overall from both spending cuts and tax hikes. and also we want to see just the amount of tax hikes. i hope that those tax hikes are not greater than 1% of gdp....
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. >> to washington and the fiscal cliff budget talks. if they fail to produce a deal, more than two million people will lose unamendment benefits a few days after christmas. nadia ram dishas more on shopping habits. >> alexandria, what do you want for christmas? >> furby and barbie. >> furby, barbie, and electronics are a taste of some of the must-have items this holiday shopping season and this ellicott city target store was bustling saturday with shoppers determined to make holiday purchases within reason. >> they'll save us a lot of money. >> with the looming fiscal cliff, linda and mike martzen are changing holiday shopping habits this year, relying on coupons and shopping less in case the cliff goes over in the beginning of the year. they're not alone. >> buying more practical, stuff people want. >> trying to save more and buy less in case taxes do go up. >> experts say the fiscal cliff could play grinch to the u.s. economy during the holiday shopping season. in a recent survey, the national retail federation found about 2/3 of shop
. >> to washington and the fiscal cliff budget talks. if they fail to produce a deal, more than two million people will lose unamendment benefits a few days after christmas. nadia ram dishas more on shopping habits. >> alexandria, what do you want for christmas? >> furby and barbie. >> furby, barbie, and electronics are a taste of some of the must-have items this holiday shopping season and this ellicott city target store was bustling saturday with shoppers determined to...
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i think if we do go off the cliff and recession, i think the fiscal cliff is completely unpredic unpredict-- predictable, especially with a fragile economy, the wall street and the corporate economists are deeply scared about it. that recession really would, you know, wreck his term because we would be obsessed with that for the next couple of years. and so i don't think it's a total walk for him but he clearly has the upper hand. and then there is just the sheer fact of the numbers. say they reach a compromise. i think the republicans are likely to cave on the rate and you close a few deductions. >> do you think they will. >> i do. >> because they are saying they are not going to cave. >> there is going to be no deal on that. they are to the going to go into january, as mark said, and say to the country, hey, we're going to raise your taxes but we have to serve the rich people. they're just not going to do that with the polls, so they're going to cave. they will not get up to 39% but they could get to 37. so say you get to 1.2 trillion in revenue. you still need spending cuts so the presi
i think if we do go off the cliff and recession, i think the fiscal cliff is completely unpredic unpredict-- predictable, especially with a fragile economy, the wall street and the corporate economists are deeply scared about it. that recession really would, you know, wreck his term because we would be obsessed with that for the next couple of years. and so i don't think it's a total walk for him but he clearly has the upper hand. and then there is just the sheer fact of the numbers. say they...
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and for much more on the fiscal cliff on fox news sunday chris wallace will sit down in an exclusive interview with democratic senator charles schumer and bob corker on fox news sunday. check your local listings for time. >> all of the talk about sausage makes me want to go out to 6th avenue and grab something from the vendors. >> the guy with the cart. >> i know. >>> coming up the latest job numbers show the unemployment rate dropping to its lowest levels in four years, but the number of people dropping out of the workforce remains high. so what is going on? we will break it down for you. >>- q. i and it has been 40 years since -- >> and it it has been 40 years since americans walked on the moon and now nasa is focused on other missions. a look at the private company that is planning the next moon shot. >> i understand that some believe we should attempt a return to the surface of the moon first. as previously planned. i just have to say pretty bluntly here, we have been there before. buzz has been there. >>> bottom of the hour and let's get you caught up on the headlines. dallas co
and for much more on the fiscal cliff on fox news sunday chris wallace will sit down in an exclusive interview with democratic senator charles schumer and bob corker on fox news sunday. check your local listings for time. >> all of the talk about sausage makes me want to go out to 6th avenue and grab something from the vendors. >> the guy with the cart. >> i know. >>> coming up the latest job numbers show the unemployment rate dropping to its lowest levels in four...
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>>> the fiscal cliff, the fiscal cliff, just 23 days away and if we go over it, automatic spending cuts will take effect, automatically, bam. todd schoenberger is back with me from new york. we spent some time taking questions from viewers who want 20 know how the fiscal cliff will affect them. what will make the headlines? >> bottom line is this, that is if nothing is resolved right now, we are looking at a 20% increase across the board for tax revenue for washington. and you hear a lot about these spending cuts but realistically, we won't see a whole lot of spending cuts, because this way this was actually createded, we would only see spending cuts of .25%. >> one coming from edgar, he says i'm not confused about the fiscal cliff, what i'm confused about is what taxes will be raised? >> that's right. well the payroll tax holiday, it was created in 2010, it had a two-year tax extension, it expires on december 31st. this is a 2% payroll tax that all americans were enjoying. if nothing is resolved, your first paycheck in january is going to be 2% lighter. that may not sound like a lot. b
>>> the fiscal cliff, the fiscal cliff, just 23 days away and if we go over it, automatic spending cuts will take effect, automatically, bam. todd schoenberger is back with me from new york. we spent some time taking questions from viewers who want 20 know how the fiscal cliff will affect them. what will make the headlines? >> bottom line is this, that is if nothing is resolved right now, we are looking at a 20% increase across the board for tax revenue for washington. and you...
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first one is the fiscal cliff. you're one of the keener economic minds in great britain. what do you make of what's happening in america? the old expression if america sneezes, we all catch a cold back in europe, as true as ever. what do you think should be happening here to try and get a deal to avoid the fiscal cliff happening? >> i have no doubt people are working very hard to get a deal. i wish their discussions -- well, now we have the president re-elected and we have a new congress. i think it's right they get them to the business of sorting this out. i think america's got to think that what it needs to do is get growth in its economy as well. and it needs to get growth by trade and exporting. i think what we're missing at the moment is a global agreement whereby big powers try to rebuild confidence in the world. yes, have you to sort out the fiscal problems. yes, you also have to have growth because that's the key to employment and to prosperity to the future. there's a global deal waiting to be done with china, europe, india also involved in this and, of course, a
first one is the fiscal cliff. you're one of the keener economic minds in great britain. what do you make of what's happening in america? the old expression if america sneezes, we all catch a cold back in europe, as true as ever. what do you think should be happening here to try and get a deal to avoid the fiscal cliff happening? >> i have no doubt people are working very hard to get a deal. i wish their discussions -- well, now we have the president re-elected and we have a new congress....
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Dec 9, 2012
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we are back and forth on how to avert the fiscal cliff. it is just 22 days before the deadline and president obama says he is willing to cut entitlements and speaker john boehner is showing signs of not ruling out a tax hike for top earners. >> and muni is contemplating restructuring its fare structure based on income. a study on the issue is being conducted due to riders' mixed feelings about it. >>> and weather. lots of sunshine? >> yes. we have temperatures mostly in the mid 60s. 64 at concord. 62 at fairfield. here in the city 64 degrees an san jose should see 64. the next chance of rain wednesday. in the meantime, sunshine. >> okay. let's do another season story. >>> the season of giving continues at the san francisco bar pilots team one firefighters again this year. >> yes. they are all acting like elfs. the pilots became santa's own workshop. they assembled 130 bikes for children donated to the fire department toys for children program. they also contribute toys for families in need. very cool! thank you for joining us this morning
we are back and forth on how to avert the fiscal cliff. it is just 22 days before the deadline and president obama says he is willing to cut entitlements and speaker john boehner is showing signs of not ruling out a tax hike for top earners. >> and muni is contemplating restructuring its fare structure based on income. a study on the issue is being conducted due to riders' mixed feelings about it. >>> and weather. lots of sunshine? >> yes. we have temperatures mostly in the...
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Dec 12, 2012
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cliff gets resolved and some intermediate way, there's still fiscal drag not flags by the entire fiscal cliff so that is the underlying assumption that most people took when they made their projections but you are absolutely right that they're a lot of uncertainty right now and the fiscal cliff situation to be resolved in a way different from expectations you would see changes in the forecast. [inaudible] >> thanks very much, mr. chairman. could you talk about whether the decision to maintain the purchase of $85 billion a month represents are ramping up of additional easing of that policy because you are adding a little more to the side of the balance sheet, and also you talked about maintaining the asset purchases and substantial improvement in the labour market and you want to take a different approach but you also have a 6% inflation threshold. could you talk about what sort of evidence you see to make you change the pace or slow theepace of purchases? >> the first part of the question was is this an additional stimulus? >> this is a continuation of what we said in september. you rec
cliff gets resolved and some intermediate way, there's still fiscal drag not flags by the entire fiscal cliff so that is the underlying assumption that most people took when they made their projections but you are absolutely right that they're a lot of uncertainty right now and the fiscal cliff situation to be resolved in a way different from expectations you would see changes in the forecast. [inaudible] >> thanks very much, mr. chairman. could you talk about whether the decision to...
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Dec 6, 2012
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the standoff over the fiscal cliff. kwame holman updates the state of the negotiations and we talk with tennessee republican senator bob corker. >> ifill: jeffrey brown examines new concerns over syria's chemical weapons capability and what, if anything, the u.s. can do about it. >> woodruff: from florida, hari sreenivasan has the story of endangered coral reefs. many of them dying because ocean temperatures are rising and the waters are more acidic. >> i remember seeing fields of elk horn coral that you couldn't see through it and you couldn't see beyond it and those same areas are dead you know 99% dead. ♪ >> ifill: and we close with a remembrance of jazz great dave brubeck who died today, one day shy of his 92nd birthday. >> woodruff: that's all ahead on tonight's newshour. major funding for the pbs newshour has been provided by: and with the ongoing support of these institutions and foundations. and... this program was made possible by the corporation for public broadcasting. and by contributions to your pbs stati
the standoff over the fiscal cliff. kwame holman updates the state of the negotiations and we talk with tennessee republican senator bob corker. >> ifill: jeffrey brown examines new concerns over syria's chemical weapons capability and what, if anything, the u.s. can do about it. >> woodruff: from florida, hari sreenivasan has the story of endangered coral reefs. many of them dying because ocean temperatures are rising and the waters are more acidic. >> i remember seeing...
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Dec 9, 2012
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that all depends on america playing it's cards right and for that we need a deal on the fiscal cliff. thank you for joining us on the conversation on "your money." have a great weekend. >>> hello, thank you for joining us. i'm allison cossack, fredericka whitfield is off. president and house speaker john boehner met today at the white house. we're not getting details yet as to how those negotiations went, except to stay that the lines of communications remained open. both sides of the fiscal cliff negotiations are much closer than you may think despite what law makes say publicly. jackie calms of the "new york times" picked up on something that lawmaker tim cole said recently. >> the republicans should just declare victory and taking the 98% of the tax cuts that they agree on and work next year on tax reform and see if they can't get the top rate back down again. it's hard to think that that's not where they're going to end up so why not make it clean instead of ugly. >> i think it's true that many people are saying privatery what tom cole said publicly on the show. but they believe t
that all depends on america playing it's cards right and for that we need a deal on the fiscal cliff. thank you for joining us on the conversation on "your money." have a great weekend. >>> hello, thank you for joining us. i'm allison cossack, fredericka whitfield is off. president and house speaker john boehner met today at the white house. we're not getting details yet as to how those negotiations went, except to stay that the lines of communications remained open. both...
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Dec 13, 2012
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and the fiscal cliff with the panel. but before we let you go, ed, what is the news about the president's new cabinet? there is news about that. >> chuck hague the former republican senator is now the leading contender for defense secretary. leon panetta expected to step down soon. the bottom line, he and the president met behind closed doors at the white house earlier in month. he served with the president and the senate and vice president biden in the senate and i'm told behind the scenes biden is pushing this hard. we have could see a kerry-hagel new national security team and possibility of susan rice moving over to the national security advisor, bret? >> bret: thank you. just got word speaker boehner just left the white house as we were talking. there is a conflicting information if the star witness will answer questions week from today and herridge has more on the uncertainty surrounding hillary clinton. first, reaction on capitol hill to the withdrawal of ambassador rice. good evening. >> good evening. >> leading
and the fiscal cliff with the panel. but before we let you go, ed, what is the news about the president's new cabinet? there is news about that. >> chuck hague the former republican senator is now the leading contender for defense secretary. leon panetta expected to step down soon. the bottom line, he and the president met behind closed doors at the white house earlier in month. he served with the president and the senate and vice president biden in the senate and i'm told behind the...
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Dec 13, 2012
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will lawmakers strike a deal on avoid the fiscal cliff by the new year? plus, union members flock to michigan's capital. the changes ahead for the workforce in the great lakes state. first business starts now. you're watching first business: financial news, analysis, and today's investment ideas. good morning and happy 12-12-12! i'm angela miles. in today's first look: the market rallied into today's anouncement from the federal reserve which includes a news conference from fed chair ben bernanke. the dow is now up for the 5th session in a row. the other big news - oil was a gainer for the first time in 6 sessions. explosive details are emerging that fedex was "systematically overcharging" businesses and the goverment. the emailed comments were released in court documents in a class action lawsuit. a fedex official says the documents don't tell the whole story. and shares of rare earth molycorp fell 5% on word the cmpany is seraching for a permanent ceo. larry shover of sfg alternatives joins us now for an early look at the market. good morning to you. an
will lawmakers strike a deal on avoid the fiscal cliff by the new year? plus, union members flock to michigan's capital. the changes ahead for the workforce in the great lakes state. first business starts now. you're watching first business: financial news, analysis, and today's investment ideas. good morning and happy 12-12-12! i'm angela miles. in today's first look: the market rallied into today's anouncement from the federal reserve which includes a news conference from fed chair ben...
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Dec 5, 2012
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click on the fiscal cliff link. write an e-mail to your senator or your representative. >>> prince george's county's 59th murder victim this year is one of the youngest. tonight police are looking for the person or people who killed a 14-year-old boy on sheridan street in lewisdale. matt jablow joinsous live from near the scene with -- joins us live from near the scene with the details. >> reporter: i'm standing now in a neighborhood many residents describe as safe. it happened just after midnight when 14-year-old elizer reyes was walking down the street near his house with two other people. a car drove up and shots were fired hitting the 14-year-old reyes and one of the people he was with. the 14-year-old was later pronounced dead at a local hospital. the other victim is in stable condition. it was a gang-related shooting and the victims were apparently targeted. i spoke earlier today with a woman who saw reyes literally dying in the street. what did you think when you saw what you saw last night? >> it breaks my h
click on the fiscal cliff link. write an e-mail to your senator or your representative. >>> prince george's county's 59th murder victim this year is one of the youngest. tonight police are looking for the person or people who killed a 14-year-old boy on sheridan street in lewisdale. matt jablow joinsous live from near the scene with -- joins us live from near the scene with the details. >> reporter: i'm standing now in a neighborhood many residents describe as safe. it happened...
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Dec 8, 2012
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>> we are not going into this fiscal cliff from a position of strength. there is no doubt, if we cliff dive on this we're going to have a high unemployment a lot of people will be laid off because of the spending cuts and tax increases. >> heather: and we are facing tax increases. >> absolutely. >> heather: thank you. >> gregg: new chaos unfolding in the middle east as egypt's military threatens the protestors there. syria preparing to unleash chemical weapons and people are scared seen here running for their lives to prevent two catastrophes from getting a whole lot worse. staechb yates will be with us next. [ male announcer ] red lobster's crabfest ends soon. hurry in and try five succulent entrees, like ourender snow crab paired with savory garlic shrimp. just $12.99. come into red lobster and sea food differently. and introducing 7 lunch choices for just $7.99. but they haven't experienced extra strength bayer advanced aspirin. in fact, in a recent survey, 95% of people who trieit agreed that it relieved their headache fast. visit fastreliefchallenge.
>> we are not going into this fiscal cliff from a position of strength. there is no doubt, if we cliff dive on this we're going to have a high unemployment a lot of people will be laid off because of the spending cuts and tax increases. >> heather: and we are facing tax increases. >> absolutely. >> heather: thank you. >> gregg: new chaos unfolding in the middle east as egypt's military threatens the protestors there. syria preparing to unleash chemical weapons and...
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and that would push the fiscal cliff higher for 2013. i'm christine romans. >>> all right, pay attention to this, it would affect you. many of us rely on them. on-line reviews of businesses and products. but did you ever think that giving a negative review would give you in trouble? a d.c. contracting firm is suing a woman for $750,000 for her tough report. she complained that the work done to her property was damaged. sloppy paint, stained carpet. there you go, a toilet, a seal that needed to be replaced. but a judge has sided with the contractor. karen conte is here, thank you for joining us. >> good to see you and finally meet you in person, much better looking in person, i have to say. >> so are you. >> oh, gosh, we all love each other. >> yeah, until after the show. >> i spoke with him yesterday, he said the picture of the carpet, he said that was not his. that was before he replaced the carpet. he is suing for internet defamation claiming he lost thousands in business because of her review. so where did a person's first amendment r
and that would push the fiscal cliff higher for 2013. i'm christine romans. >>> all right, pay attention to this, it would affect you. many of us rely on them. on-line reviews of businesses and products. but did you ever think that giving a negative review would give you in trouble? a d.c. contracting firm is suing a woman for $750,000 for her tough report. she complained that the work done to her property was damaged. sloppy paint, stained carpet. there you go, a toilet, a seal that...
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despite some signs of a compromise, the white house says it is ready to go over the fiscal cliff. >>> lighting up legally. this morning a law permitting recreational marijuana use goes into effect in washington state. >>> and royal ruse. australia's shop jocks pose as queen elizabeth and prince charles in a prank phone call to the duchess of cambridge's hospital. >> when can you take me to the hospital, charles? >> when can you come down to take her? maybe in the morning or something, if that's okay. captioning funded by cbs >> this is the "cbs morning news" for thursday, december 6, 2012. >>> good morning, everybody. i'm terrell brown. stunning. that's what they hear after the obama administration is ready to go over the fiscal cliff if the gop doesn't bid on higher taxes. on top earners. a just released poll shows nearly half of those ads say it's time to end tax cuts for the wealthy but keep it in place for americans earning $250,000 or less. 32% say the tax cuts should remain in place for everyone. during a broadcast interview yesterday timothy geithner was asked what if republica
despite some signs of a compromise, the white house says it is ready to go over the fiscal cliff. >>> lighting up legally. this morning a law permitting recreational marijuana use goes into effect in washington state. >>> and royal ruse. australia's shop jocks pose as queen elizabeth and prince charles in a prank phone call to the duchess of cambridge's hospital. >> when can you take me to the hospital, charles? >> when can you come down to take her? maybe in the...
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Dec 11, 2012
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>> i am very confident that we will at birth the fiscal cliff. the only issue is how much of this will we get done. >> i am not at all confident, actually. just hearing what adam said does not make me any more confident. it is on schedule to rock itself and very, very soon. when i hear this kind of stuff that we are trying to push granny over the cliff, that is absolute garbage and that will not take a deal. we have to reduce the deficit. you have to do that by reforming medicare and medicaid. you have to deal with all of them. when i hear my democrat colleagues say maybe we will do something with medicare card ten years away, that will not work. connell: we will wrap it up for today. thank you to both of you. >> thank you. dagen: investors suffering from a little fiscal cliff fatigue. kevin flanagan says do not look away. this could look really ugly. hey, kevin. looking at the yield on the ten year period about 1.65%. it does not look like there has been any serious market reaction . what could happen if we get to this deadline and nothing happe
>> i am very confident that we will at birth the fiscal cliff. the only issue is how much of this will we get done. >> i am not at all confident, actually. just hearing what adam said does not make me any more confident. it is on schedule to rock itself and very, very soon. when i hear this kind of stuff that we are trying to push granny over the cliff, that is absolute garbage and that will not take a deal. we have to reduce the deficit. you have to do that by reforming medicare...